Mangalore Refinery & Petroleum (MRPL) plans to expand its retail outlet network in India to over 250 by year-end, with an annual addition of 100-130 outlets thereafter.
The company projects an annual capital expenditure of ₹1,500 crores, expects fuel costs and losses to stabilize around 10%, and anticipates Q3 crude processing to exceed 4.43 million metric tonnes.
MRPL foresees stronger Gross Refining Margins in October, indicating a positive performance outlook.
Full story MRPL Unveils Ambitious Retail Expansion Plans and Operational Outlook
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